Selected as a global star venture in 2015
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Ulsan City has announced that it has selected 7 companies including Ulsan City Economic Development Corporation and three new companies as Ulsan City Global Star Venture Company in 2015.
The ceremony will be held on November 20 at 11:20 am, attended by more than 20 people including Kim Ki-hyun, mayor of Ulsan, and company representatives at the main building’s 7th floor.
Among the selected companies, the three companies including ROL ENG, Dongseo Hitech Co., Ltd. and Haitian Space Co., Ltd. have been re-selected as new companies: Rebe Industries, Ropa, Shinhwa Tech, and Yongjin Oil Painting.
ROL ENG Co., Ltd. is a high-technology company specialized in the development of automotive molds based on patent registration.
Dongseo HiTech Co., Ltd. (Representative Park Jae-hee) is a high-tech enterprise specialized in making car washes and machine tools and has 25 intellectual property rights.
Haitian Space Co., Ltd. (Representative Lee Young-gyu) is an Innovice-certified enterprise that develops solutions for critical accidents and fault diagnosis of industrial sites.
The three new companies will receive KRW 30 million in business funding and the Ulsan name will be awarded as a global star venture company and will receive comprehensive support such as technology guarantee, fund lending and investment attraction.
The four re-elected companies will receive an additional 15 million won in business funds.
An official of the city said, “We have gained a total of KRW 1.9 billion in business funding and KRW 7.4 billion in investment for a company selected as a global star venture company, resulting in an increase in sales of KRW 195.1 billion. We plan to find out and actively promote measures to support various venture companies. ”
Meanwhile, the ‘Global Star Venture Business Fostering Business’ is a system to discover and support early start-up companies with promising growth potential and promising venture businesses. The city has been in operation since 2004 and a total of 39 companies have been excavated by this year.